Share price of Jubilant Food jumps as Sensex drops 24.9 points

The share price of Jubilant Foodworks Ltd. gained 1.34 per cent to Rs 480.1 at 10:05AM (IST) in Thursday's trade. The scrip has hit a high of Rs 482.0 and low of Rs 472.3 so far during the session. The stock had closed at Rs 473.75 in the previous session.

The counter has had a total traded volume of 20795 shares so far with a value of Rs 1.0 crore on the NSE. It traded at a price-to-earnings multiple of 89.9 and a price-to-book ratio of 14.26.

A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.

The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.

The scrip gained 3.44 per cent during the past one year, while the 30-share index advanced 13.73 per cent during the same period.

Jubilant Foodworks Ltd. belongs to the Restaurant & QSR industry.

Promotor/FII Holding
Promoters held 41.94 per cent stake in the company as of 31-Mar-2023, while overseas investors and domestic institutional investors ownership stood at 25.39 per cent and 15.59 per cent, respectively.

Key Financials
The firm reported consolidated net sales of Rs 1289.6 crore for the quarter ended 31-Mar-2023, down 3.86 per cent from the previous quarter's Rs 1341.38 crore and down 8.5 per cent from the year-ago quarter's Rs 1188.61 crore.

Profit for the latest quarter stood at Rs 28.54 crore, down 70.5 per cent from the same quarter a year ago.